Me and my fiance are intending to buy a 2 bedroom apartment in Stilton with a mortgage. We wish to retain our Stilton conveyancer, but the lender advise she’s not on their "panel". We have to appoint one of the bank panel firms or keep our Stilton property lawyer as well as pay for one of their panel lawyers to represent them. We regard this is inequitable; can we not demand that the lender use our Stilton lawyer ?
No, not really. The mortgage offered to you is subject to its terms and conditions, one of which will be that lawyers will on the bank’s conveyancing panel. Until recently, most lenders had large numbers of law firms on their panels: a borrower could choose one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. A further alternative is for your Stilton conveyancing lawyer to apply to be on the conveyancing panel.
Do commercial conveyancing searches disclose planned roadworks that may impact a commercial land in Stilton?
Many commercial conveyancing solicitors in Stilton will perform a SiteSolutions Highways report as it reduces the time that conveyancers invest in investigating accurate data on highways that impact buildings and development assets in Stilton. The search result sets out definitive information on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Stilton.
For every commercial conveyancing transaction in Stilton it is crucial to investigate the adoption status of roads surrounding a site. The absence of identifying developments where adoption procedures have not been addressed adequately may result in delays to Stilton commercial conveyancing deals as well as pose a risk to future intentions for the site. These searches are not carried out for domestic conveyancing in Stilton.
I have a terraced Edwardian property in Stilton. Conveyancing solicitor acted for me and Barclays Direct. I did a free Land Registry search last week and there are two entries: the first freehold, the second leasehold with the matching property. If a house is not a freehold shouldn't I have been informed?
You should read the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Stilton and other areas of the country and poses no real issues for owners other than when they mortgage they have to account for both freehold and leasehold interests when dealing with lenders. You can also check the situation with your conveyancing solicitor who conducted the work.
I've recently found out that there is a flying freehold issue on a house I have offered on a fortnight ago in what was supposed to be a straight forward, no chain conveyancing. Stilton is where the house is located. What do you suggest?
Flying freeholds in Stilton are not the norm but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Stilton you would need to get your solicitor to go through the deeds very carefully. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Stilton may determine that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.
How simple is it to switch solicitor as I need to select a firm on the Leeds Building Society conveyancing panel. I instructed a family conveyancing solicitor in Stilton round the corner but he is not accepted by Leeds Building Society
We will our best to assist in finding you a conveyancing solicitor in Stilton on the Leeds Building Society panel. Please note that the conveyancers that we list do not pay us fee if you instruct them and are authorised and regulated by the Solicitors Regulation Authority who oversee all conveyancing solicitors in Stilton. In utilising search facility on this site, you can compare charges for conveyancing solicitors in Stilton and throughout England and Wales.